ANGUS BEEF BULLETIN EXTRA

January 25, 2024 | Vol. 16 : No. 1-B

Marketing


Grid Pricing

Weather Weighs In

Carcass weights to fall; quality to remain.

The onset of severe cold temperatures and snow accumulation in a broad spectrum of cattle-feeding regions will pull fed-cattle production down. Beyond the reduced weekly slaughter head counts, carcass weights are set to plunge. Since the all-time record-high carcass weights were recently recorded in late December, there is certainly some flex in the production system as far as boxed pounds of product per head.

Market Closeout

Pondering the dollars & sense of our business.

The last week to 10 days has been really tough on ranchers from a weather standpoint. A good part of the country experienced significant snowfall and bitterly cold temperatures. Some were calving cows, which raised the difficulty quotient by several factors.

Raised With Respect Cattle Care Campaign Launched

Certified Angus Beef and Sysco join forces to support farmers and ranchers, the beef community as a whole.

Respect for animals, respect for the land and respect for each other: Those tenets lay the foundation for a new campaign from Sysco, the global leader in foodservice distribution, and Certified Angus Beef, a brand known for its commitment to quality beef. The campaign, Raised with Respect™, centers on the common ground found between cattle producers and beef consumers, with a focus on animal welfare and beef sustainability.



January 10, 2024 | Vol. 16 : No. 1—A

It’s Complicated

Livestock economist shares details on the cattle and beef import/export balance.

Selling cattle and beef internationally isn’t as simple as having a particular country like your product and then outbid the competition. For a buyer, it’s not as simple as finding the best value for the money. It’s a lot more complicated than that, according to Katelyn McCullock, director and senior economist for the Livestock Marketing Information Center.

The Link

2024 should be a year to remember.

I’m not a huge fan of New Year’s resolutions; but, as I’ve mentioned before, I like the start of a new year. It is a fresh starting point — a great time to look back at the past to try and discern its lessons, and a great time to look to the future and see what trends are driving change. As they say, no war plan survives the first skirmish. But, the value of planning has never been as much about the plan as the process of putting the plan together.

In The Cattle Markets

Cull cow and beef prices bounce higher.

Cull cow and bull prices moved a little higher to end the year on a positive note. After hitting $100 per hundredweight (cwt.) in early August, 90% lean, cutter-grade cows declined through most of the fall, reaching $78 per cwt. in early December. Those grade cows closed out the year at $85.86 per cwt.